Today's Focus is on challenges in Myanmar. A general election is scheduled for November. Now, crucial negotiations which hold the keys to success for democratization are approaching the home strait. We'll see what's needed for Myanmar to end the armed conflicts between government forces and ethnic minorities.

China's Asian Infrastructure Investment Bank is closer to launch after an official signing ceremony at the Great Hall of the People in Beijing. Officials from 57 nations took part in the event that marks a significant step for the world's second-largest economy.